5 consecutive years of decline, can BTC break the January curse?

Can BTC break the January curse?

February, April, May and June performed best. According to the monthly performance of BTC prices from 2010 to 2019, BTC performed the best in February, April, May, and June, with a rising probability of 78%.

The worst performance in March. In history, BTC performed the worst in March, with a drop probability of 78%, and August and September also performed poorly, with a drop probability of 70%.

The monthly rise and fall fell. From 2010 to 2013, the largest monthly increase of BTC exceeded 100%, especially in November 2013, the increase reached a staggering 448%. However, as the price of BTC rises and the market value continues to rise, the monthly rise and fall of prices gradually decline.

Break the curse? Historically, the probability of BTC price falling in January reached 56%, especially in January in the past 5 years, BTC closed down, with an average decline of 16.9%. However, from January to 2020, BTC prices have increased by 26.7%.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

News

Policy reshuffle is intensified: the crisis and new life of virtual currency exchanges

The virtual currency exchange industry may have to "change the sky", which seems to be the consensus of the...

Blockchain

Babbitt Column | Blockchain industry to land, these areas still need to be greatly improved

I. Status Although each of us hopes that the blockchain can land as early as possible, and from the daily news, it se...

Blockchain

A picture to understand the difference between Bakkt's bitcoin futures and "traditional" futures

According to the delivery method, futures contracts are usually divided into cash delivery and physical delivery. At ...

Blockchain

Crazy currency contract: leverage up to 125 times, and overnight positions of 2 billion US dollars

Text: Ratchet Source: A blockchain 100 times leverage, 125 times leverage … More and more players in the curren...

Blockchain

Three major domestic virtual currency exchanges focus on compliance business and actively engage with local governments and state-owned enterprises

China Times (www.chinatimes.net.cn) reporter Ran Xuedong trainee reporter An Lingfei Beijing reports The currency cir...

Blockchain

SBF Trial Week 3 Former FTX Head of Engineering Nishad Singh appears in court, confesses to embezzling user funds for political donations.

With the appearance of former FTX Engineering Director Nishad Singh, the third week of SBF's trial has begun. Singh's...